Ford Motor said on Wednesday it is moving forward to eliminate 1,400 U.S. salaried jobs by year end as part of a multiyear $11 billion restructuring. The layoffs will be
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Tesla Inc on Tuesday revealed its biggest program of new share sales as a public company, seeking to cash in on increasing Wall Street interest in the electric automaker to
General Motors and medical equipment maker Ventec Life Systems have made deliveries of 30,000 ventilators to the U.S. government during the coronavirus crisis, the automaker said on Tuesday. U.S. President
American electric automaker Tesla Inc has brought a software update that will let its vehicles Autopilot system detect speed limit signs using cameras. When the camera observes a speed limit sign, it will
Zhejiang Geely Holding Group together with General Motors Chinese venture are preparing to launch its first pickup truck models, intensifying competition in a segment dominated by Great Wall Motor. Geely
Tesla Inc CEO Elon Musk has become the third-richest person in the world after surpassing Facebook Inc co-founder Mark Zuckerberg on Monday as shares of Tesla continued their unrelenting rally
General Motors and Ford Motor said on Tuesday they are close to finishing the production of ventilators ordered by the Trump Administration in response to an increase in coronavirus cases
Tesla Inc CEO Elon Musk has suggested the U.S. electric automaker may be able to mass-produce batteries with 50% more energy density in three to four years, which could even
A group of tech companies and automakers, such as Tesla Inc, Ford Motor, Honda Motor, and Daimler AG, on Monday, urged the U.S. Federal Trade Commission (FTC) to seek an
Uber’s former chief security officer has been charged with leading an alleged attempt to cover up a 2016 hack that revealed the personal details of 57 million app users and drivers, the Department
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